AF looks to lease car plant next to Tinker

[unhappycamper]

AF looks to lease car plant next to Tinker
The Associated Press
Posted : Thursday Sep 25, 2008 5:12:05 EDT

OKLAHOMA CITY — Oklahoma County commissioners meet Wednesday to vote on a contract to lease the old General Motors plant to the Air Force for $1 a year.

The plant is adjacent to Tinker Air Force Base and was bought by the county for $54 million after voters approved a bond issue.

The Air Force has agreed to a contract to lease the base and is expected to take possession of the property after commissioners give their approval.

The Air Force is expected to spend $50 million to $100 million in improvements to the plant and Commissioner Ray Vaughn says he expects the Air Force will eventually buy the plant.


Article at: http://www.airforcetimes.com/news/2008/09/ap_carplant_092408/%2e